Synthetix is a decentralized liquidity pool provision protocol where users can borrow liquidity at low fees. Anyway, after a huge rise, SNX has been in a downtrend for a while. Recently, SNX broke the downtrend line as well as the minor one. Let's see how far SNX can go.
Komen:
SNX broke the triangle pattern upward; up it goes.
Be careful; a pullback could happen.
SNX broke the triangle pattern upward; up it goes.
Be careful; a pullback could happen.
Komen:
So, SNX broke the triangle pattern upward, gone up, and made a nice pullback on the triangle's upper line. Probably resting a little more here; Let's see when SNX continues upward wave.
So, SNX broke the triangle pattern upward, gone up, and made a nice pullback on the triangle's upper line. Probably resting a little more here; Let's see when SNX continues upward wave.
After SNX made a double bottom and broke the major downtrend line, now SNX is moving in a triangle pattern. Let's see what happens.